• European Central Bank (ECB) President Mario Draghi: the central bank’s asset-buying programme is working better than expected

Market news

12 October 2015

European Central Bank (ECB) President Mario Draghi: the central bank’s asset-buying programme is working better than expected

The European Central Bank (ECB) President Mario Draghi said in an interview with the Greek newspaper Kathimerini published on Saturday that the central bank's asset-buying programme is working better than expected but reaching the 2% inflation may take more time due to lower oil prices.

"We are satisfied with QE, as it has met and even surpassed our initial expectations," he said.

Draghi pointed out that the ECB is ready to expand its asset-buying programme if needed.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.